If you’re a home buyer specifically interested in new construction, understanding warranties and builder guarantees in new construction is crucial to protect yourself and ensure peace of mind. The points and considerations we outline below will help you navigate your new home construction journey.

1.  Differentiate Between Warranty and Guarantee:

·      Warranty: Typically covers defects in materials and workmanship for a specified period. For example, one year for labor, 10 years for structural.

·      Guarantee: Often broader and may include assurances about the quality of construction or performance of certain features.

2. Types of Warranties/Guarantees:

·      Builder’s Warranty: Provided by the builder, covers defects and poor workmanship.

·      Manufacturer’s Warranty: Covers major components like appliances, HVAC systems, etc.

·      Structural Warranty: Covers major structural defects over a specified period.

3. Review the Documentation:

·       Contract: Should specify what warranties and guarantees are provided.

·       Warranty Documents: Detailed terms, coverage periods, and exclusions.

4. Understand Coverage Periods:

·       Initial Coverage: Immediate coverage after purchase.

·       Extended Coverage: Covers specific components for a longer period (such as structural integrity).

5. Coverage Details:

·      What’s Covered: Defects, poor workmanship, major structural issues.

·      What’s Not Covered: Normal wear and tear, minor cosmetic issues, acts of nature.

6. Conditions and Limitations:

·      Exclusions: Items or conditions not covered (such as improper maintenance).

·      Voiding the Warranty:  Conditions under which the warranty/guarantee can be voided (things like unauthorized modifications).

 7. Process for Claims:

·      Notification: How and when to notify the builder or manufacturer of a defect.

·      Resolution: Steps they will take to resolve the issue (for example repair, replacement).

 8. Builder’s Reputation:

·      Research: Check reviews, speak to past clients about their experiences with warranty claims.

 9. Legal Considerations:

·      Local Laws: Understand consumer protection laws related to new home construction warranties in your area.

10. Ask Questions:

·      Clarify Doubts: Don’t hesitate to ask the builder or seller for clarification on any part of the warranty or guarantee.

Once you’ve found the best new construction builder for your family, consider the following tips after moving in.

·      Home Inspection: Get a professional inspection before the warranty expires to identify any potential issues.

·      Document Everything:  Keep copies of contracts, warranty documents, and all communications related to warranties/guarantees.

By thoroughly understanding these aspects, you can ensure that you are adequately protected and prepared in case issues arise with your new construction home. If you’re in the market for a new construction home, reach out to Metrowest today – we’d love to help you start the process.